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$ 7,150,000
Est. payment | /mo
9.88 Acres Lot
$ 7,150,000
Est. payment | /mo
9.88 Acres Lot
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1235490
HOA Y/N No
Lot Size 9.880 Acres
Acres 9.88
Property Sub-Type Investment
Source Triad MLS
Property Description
Massive 9.88+ acre APARTMENT SITE located on Highway 751 just 1/2 mile South of I-40. Adjoining parcels have been approved for 29+ DWELLING UNITS PER ACRE. See listing photos for information regarding land use and location of PUBLIC UTILITIES including WATER and SEWER. Property is located under 5 minutes from The Streets at Southpoint, and under 15 minutes to Research Triangle Park, downtown Durham, Chapel Hill and RDU International Airport. Durham's 2023 Comprehensive Plan designates the property for Mixed Residential Neighborhood and this land use includes apartments. Sellers will entertain offers on standard form 580L-T, proof of funds must accompany any offer. Contact listing agent with questions.
Location
State NC
County Durham
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
Listed by William Yeager • Pickett Sprouse Commercial Real Estate
NEARBY SCHOOLS & PROPERTIES
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1677 Westchester Drive, Suite 143, Point, Carolina 27262, United States
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